Is Southampton Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southampton Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Southampton Township has remained a Seller's Market.

Key Takeaway

Southampton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Southampton Township, PA

How much do homes in Southampton Township, PA cost?

Median Sold Price

$445,600

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,600(+4.8%)

Key Takeaway

Homes in Southampton Township have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Southampton Township was $445,600 in December 2024, up 4.8% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $240K$255K
+6.3%
2 $310K$329.5K
+6.3%
3 $397.5K$419K
+5.4%
4 $560K$599.9K
+7.1%
5+ $712.5K$853.7K
+19.8%

Summary: Southampton Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Cities

Shippensburg
+8.9%
Shippensburg Township
+8.5%
Southampton Township
+7.7%
Southampton Township
+4.8%

Housing Supply in Southampton Township, PA

How many homes are available in Southampton Township, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10386-16.5%

Summary: The Southampton Township real estate market had 86 homes for sale in December 2024, a 16.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 43
-25.0%
2 1712
-29.4%
3 3633
-8.3%
4 4134
-17.1%
5+ 54
-20.0%

Summary: The Southampton Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3628-22.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southampton Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Southampton Township in December 2024, down by 22.2% month-over-month. Of the 28 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% were sold over asking.

Days on Market for Southampton Township, PA

How long does it take to sell a home in Southampton Township, PA?

Average Sale Time

Dec 2023Dec 2024CHANGE
25 Days28 Days+12.4%

Summary: Homes in Southampton Township had an average of 28 days on market in Dec 2024, up by 12.4% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southampton Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 28 homes were sold in Southampton Township; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Southampton Township, PA

Nearby Markets to Southampton Township, PA

What housing markets are near Southampton Township, PA?